On January 1,2015,Parent Company Acquired 80 Percent of the Outstanding

On January 1,2015,Parent Company acquired 80 percent of the outstanding shares of Subsidiary Company.At the time of the acquisition,Parent Company's total liabilities were $210.At the time of the acquisition,Subsidiary Company's total liabilities were $280.What is the amount of total liabilities on the consolidated balance sheet immediately after the acquisition of Subsidiary Company's stock? (Assume elimination entries are completed.)

A) $0
B) $280
C) $338
D) $490